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EUR/GBP Signal - EUR ECB President Speech - 21 Jun 2021

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Signal Details
Entry Price: 
0.8587
Take Profit: 
0.8545
Stop Loss: 
0.8617
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURGBP has traded into resistance prior to the ECB President Lagarde speech, which will provide insight into future monetary policy decisions for the European Central Bank. Technically the pair is at moving average and trendline resistance, and we anticipate downside today.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.